According to investigators, a central person in the balance sheet scandal surrounding the insolvent Dax group Wirecard may not have traveled to China via the Philippines. The data, which should document the entry and exit of the former CEO Jan Marsalek in late June, are falsified, said the Philippine Justice MinisterMenardo Guevarra. This resulted in an examination of the recordings of security cameras, passenger lists and other material.
According to the database of the Philippine Immigration Service, Marsalek entered the Philippines on June 23 and left China on June 24.
However, from surveillance camera recordings, airline directories and other documents, it appears that Marsalek was not in the country these days, Guevarra said. "The immigration officials who made these fictitious entries were released from their jobs."
Market manipulation investigation
The German and Filipino authorities want to question the Austrian Marsalek in the accounting scandal, but his whereabouts are unknown. Ex-Wirecard boss Markus Braun had submitted to the judiciary and is free on bail.
Wirecard admitted in June that there were reportedly air bookings worth EUR 1.9 billion on Asian escrow accounts. Last week, the Dax-listed company filed for bankruptcy after its stock market crashed.
The public prosecutor had made public that Braun, Marsalek and other managers are being investigated for suspected incorrect information and market manipulation. According to the Süddeutsche Zeitung , the investigators assume that the alleged manipulations at Wirecard started in 2014 at the latest.